EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Carrier Global's Enterprise Value is $70,995 Mil.
Carrier Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was $2,024 Mil. Therefore, Carrier Global's EV-to-FCF for today is 35.08.
The historical rank and industry rank for Carrier Global's EV-to-FCF or its related term are showing as below:
CARR'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.37 Med: 27.24 Max: 50.89
Current: 35.08
During the past 7 years, the highest EV-to-FCF of Carrier Global was 50.89. The lowest was 6.37. And the median was 27.24.
CARR's EV-to-FCF is ranked worse than 76.88% of 1038
companies
in the Construction industry
Industry Median: 13.77
vs CARR: 35.08
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The historical data trend for Carrier Global's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Carrier Global's EV-to-FCF
For the Building Products & Equipment subindustry, Carrier Global's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carrier Global's EV-to-FCF Distribution in the Construction Industry
For the Construction industry and Industrials sector, Carrier Global's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Carrier Global's EV-to-FCF falls into.
Carrier Global's current Enterprise Value is $70,995 Mil.
Carrier Global's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,024 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carrier Global (NYSE:CARR) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Carrier Global's PE Ratio for today is calculated as:
Carrier Global's share price for today is $62.09.
Carrier Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.430.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Carrier Global EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Carrier Global's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Carrier Global (Carrier Global) Business Description
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.
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